Despite the recovery in consumer demand and business investment, labor force participation remains depressed.

As kids head back to school, banks across the United States will deploy their resources, reach and expertise to provide the next generation, particularly those in underserved communities, with the financial education they need.

Non-employer firms—those without full-time or part-time employees on payroll—that sought Paycheck Protection Program funding most frequently did so from large or small banks over online lenders, credit unions, or nonbank finance companies, according to findings from the Federal Reserve’s Small Business Credit Survey’s non-employer report.

The more open banks are about the challenges they’re looking to solve, the more their fintech partners can understand how to deliver a solution.

As small and middle market businesses seek to capitalize on a post-COVID bounceback, new survey research from Umpqua Bank shows that the business outlook is positive as firms have made substantial changes to respond to COVID. On the final episode of the ABA Banking Journal Podcast’s fourth season, Umpqua Bank EVP Richard Cabrera joins to discuss the survey findings and how banks can respond to changing needs of small and middle market firms.

The investment of time and effort on the front end of a CRA cycle can yield notable benefits.

The trend of credit unions buying taxpaying community banks is back—and credit unions are becoming more aggressive than ever in their pursuit of acquisition targets.

ABA wrote to Senate leaders in support of an amendment to the budget resolution put forth by Sen. Mike Crapo (R-Idaho) that would prevent the Internal Revenue Service from establishing a new information reporting framework for individual or business bank accounts with flows of $600 or more.

The Consumer Financial Protection Bureau says it will not delay the effective date of two final rules issued under the Fair Debt Collection Practices Act, which governs the activity of third-party debt collectors.

By a voice vote in late July, the House Financial Services Committee passed H.R. 4590, the Promoting New and Diverse Depository Institutions Act, introduced by Rep. Jake Auchincloss (D-Mass.).

The SEC recently approved new Nasdaq rules for companies listing on the stock exchange that will require them to publicly disclose consistent transparent diversity statistics regarding their boards of directors.

The Federal Reserve has announced individual capital requirements for banks with more than $100 billion in total consolidated assets. The requirements were determined in part by the results of the Fed’s supervisory stress tests.

In recent testimony before the Senate Banking Committee, Acting Comptroller of the Currency Michael Hsu said that the OCC has aggressive internal timelines for working with the Federal Reserve and FDIC to put forward a joint rulemaking that strengthens and modernizes the Community Reinvestment Act.

The Federal Financial Institutions Examination Council has issued a guidance for financial institutions on effective authentication and access risk management principles for digital banking services.